Relay

Deal To Watch
BETA

Helping businesses grow with simple, one-tap communication software

Analytics

Raised to Date: $187,131

Aggregate Commitments $
Platform

Republic

Start Date

12/02/2020

Close Date

04/23/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$3,000,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

55

% of Min. Goal

749%

% of Max. Goal

17%

Likelihood of Max
Avg. Daily Raise

$2,228

# of Investors

432

Momentum
Location

Lehi, Utah

Industry

Business Services, Software, & Applications

Tech Sector

Retailtech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

Relay, with a $3 million valuation cap, is raising crowdfunding on Republic. It is a communication platform that makes the interaction between businesses and customers simpler. The One-tap Experience platform of Relay caters to businesses across all sectors and keeps the businesses organized. It manages payments, reviews, scheduling, and analytics, all in one place. Justin Clegg founded Relay in August 2020 and has raised over $300,000 to date. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $107,000, will be used for growth and expansion. Relay is a convenient tool that can be integrated with existing software. The company has already signed LOIs with 20 beta companies and has five paying customers.

Ratings

last updated 02/25/2021

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Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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